KKR Real Estate Finance Trust (KREF) Loans - Gross (2018 - 2026)
KKR Real Estate Finance Trust (KREF) posted Loans - Gross of $3.14 billion for Q3 2026, down 40.8% from $5.3 billion a year earlier and down 28.3% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Loans - Gross (2018 - 2026) Analysis & Trends
At the end of FY2025, KKR Real Estate Finance Trust's Loans - Gross came in at $5.35 billion, down 9.2% from FY2024.
- Annual Loans - Gross has declined for three consecutive years, though with a five-year compound annual growth rate of 2.0% (FY2020 to FY2025).
- In prior years, KKR Real Estate Finance Trust's Loans - Gross was $5.89 billion in FY2024 (-19.8%), $7.34 billion in FY2023 (-2.0%), $7.49 billion in FY2022 (+18.6%) and $6.32 billion in FY2021 (+30.4%).
- The Q3 2026 figure stands as the lowest quarterly Loans - Gross in data going back to Q4 2018.
- On a year-over-year basis, Loans - Gross has declined in each of the last 12 quarters, with an average decline of 18.8% over the last eight quarters.
- The strongest year-over-year quarter for Loans - Gross in the past five years was Q2 2022, with growth of 40.8%; the weakest was Q3 2026, with a decline of 40.8%.
- According to Business Quant data, Loans - Gross for the three prior quarters was $4.37 billion (Q2 2026), $5.11 billion (Q1 2026) and $5.35 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Gross (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 7.82 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,115.71 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 103.35 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 10.11 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | KKR Real Estate Finance Trust | 308.52 Mn | -98.81 Mn | - | 3.14 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.14 Bn |
| Jun 30, 2026 | 4.37 Bn |
| Mar 31, 2026 | 5.11 Bn |
| Dec 31, 2025 | 5.35 Bn |
| Sep 30, 2025 | 5.30 Bn |
| Jun 30, 2025 | 5.78 Bn |
| Mar 31, 2025 | 6.11 Bn |
| Dec 31, 2024 | 5.89 Bn |
| Sep 30, 2024 | 6.19 Bn |
| Jun 30, 2024 | 6.52 Bn |
| Mar 31, 2024 | 7.11 Bn |
| Dec 31, 2023 | 7.34 Bn |
| Sep 30, 2023 | 7.53 Bn |
| Jun 30, 2023 | 7.45 Bn |
| Mar 31, 2023 | 7.61 Bn |
| Dec 31, 2022 | 7.49 Bn |
| Sep 30, 2022 | 7.31 Bn |
| Jun 30, 2022 | 7.47 Bn |
| Mar 31, 2022 | 6.77 Bn |
| Dec 31, 2021 | 6.32 Bn |
API Access
KKR Real Estate Finance Trust Loans - Gross API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-gross&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-gross", "ticker": "KREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=loans-gross&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();